Hi

I'm looking to buy a new Fabia on PCP finance, but to end the agreement within the first 14 days.

Currently Skoda have an offer where they will pay the first 3 months of your PCP repayments.

Does anybody know if it would save any money to wait until after the 3rd month before paying off the balance?

Thanks

I guess it comes down to, what charges are applied after 14days?

 

If you're then liable for interest on x, then maybe not. 

 

If your just liable for interest so far, maybe would be a good call. 

 

You can probably call vw finance and query it on a what if basis, what if I won some money after say 4 months, can I clear the pcp and what might it cost me  etc etc.

Thanks for the reply, that’s a good idea. Initially I thought the offer meant Skoda would pay the 3 months for you, but looking at the numbers it seems to be more of a payment holiday, so it’s not as interesting for me.